Shattuck Labs Inc (NASDAQ: STTK) is -79.38% lower on its value in year-to-date trading and has touched a low of $1.07 and a high of $11.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STTK stock was last observed hovering at around $1.40 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $1.47, the stock is -46.85% and -53.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 5.00% at the moment leaves the stock -78.19% off its SMA200. STTK registered -8.13% loss for a year compared to 6-month loss of -84.70%. The firm has a 50-day simple moving average (SMA 50) of $3.152 and a 200-day simple moving average (SMA200) of $6.740175.
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The stock witnessed a -60.59% gain in the last 1 month and extending the period to 3 months gives it a -64.92%, and is 14.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.10% over the week and 14.01% over the month.
Shattuck Labs Inc (STTK) has around 75 employees, a market worth around $70.16M and $4.12M in sales. Profit margin for the company is -2067.99%. Distance from 52-week low is 37.38% and -87.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-75.08%).
The EPS is expected to grow by 23.31% this year
105.0 institutions hold shares in Shattuck Labs Inc (STTK), with institutional investors hold 84.69% of the company’s shares. The shares outstanding are 47.26M, and float is at 41.32M with Short Float at 13.19%. Institutions hold 73.33% of the Float.
The top institutional shareholder in the company is FMR LLC with over 7.13 million shares valued at $27.53 million. The investor’s holdings represent 14.1055 of the STTK Shares outstanding. As of 2024-06-30, the second largest holder is REDMILE GROUP, LLC with 5.62 million shares valued at $21.68 million to account for 11.1052 of the shares outstanding. The other top investors are PROSIGHT MANAGEMENT, LP which holds 4.67 million shares representing 9.2354 and valued at over $18.03 million, while ADAGE CAPITAL PARTNERS GP, L.L.C. holds 5.4285 of the shares totaling 2.75 million with a market value of $10.6 million.
Shattuck Labs Inc (STTK) Insider Activity
The most recent transaction is an insider purchase by Schreiber Taylor, the company’s Chief Executive Officer. SEC filings show that Schreiber Taylor bought 36,500 shares of the company’s common stock on Oct 07 ’24 at a price of $1.21 per share for a total of $44220.0. Following the purchase, the insider now owns 71002.0 shares.
Shattuck Labs Inc disclosed in a document filed with the SEC on Jun 27 ’24 that Brous Tyler (Director) bought a total of 5,416 shares of the company’s common stock. The trade occurred on Jun 27 ’24 and was made at $3.89 per share for $21068.0. Following the transaction, the insider now directly holds 0.24 million shares of the STTK stock.
Still, SEC filings show that on Jun 28 ’24, Brous Tyler (Director) acquired 3,000 shares at an average price of $3.90 for $11700.0. The insider now directly holds 238,088 shares of Shattuck Labs Inc (STTK).
